How can there be neodymium magnets when neodymium is paramagnetic?

[abdossamad2003]

Neodymium is a paramagnetic material, so how do we have a permanent neodymium magnet?

 

[kuruman]

Pure neodymium may be paramagnetic but neodymium magnets are ferromagnetic alloys that contain neodymium hence the name. Have you ever wondered why a permanent magnet sticks to regular steel but not to stainless steel?

 

[Vanadium 50]

Or why nickel is magnetic but nickles are not?